Singapore will spend SG$40 million (US$29.5 million) over two years to boost the productivity of low-wage workers, a move that will raise their pay as well. The money is for companies to redesign the jobs of these workers to make them more efficient, without reducing the size of their local workforce or making staff work longer hours. About 25,000 workers from the bottom 20 percent of Singapore's workforce are set to benefit from the new initiative, said labour chief Lim Swee Say.Dubbed the Inclusive Growth Programme (IGP), it is aimed at those earning SG$1,400 or less a month, most of whom work in manufacturing, wholesale and retail plus transport and storage. Full Story
